The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for April 2017:


Privately owned housing units authorized by building permits in April were at a seasonally adjusted annual rate of 1,229,000. This is 2.5 percent (±1.1 percent) below the revised March rate of 1,260,000, but is 5.7 percent (±1.4 percent) above the April 2016 rate of 1,163,000. Single-family authorizations in April were at a rate of 789,000; this is 4.5 percent (±0.8 percent) below the revised March figure of 826,000. Authorizations of units in buildings with five units or more were at a rate of 403,000 in April.

Privately owned housing starts in April were at a seasonally adjusted annual rate of 1,172,000. This is 2.6 percent (±8.8 percent) below the revised March estimate of 1,203,000, but is 0.7 percent (±7.0 percent) above the April 2016 rate of 1,164,000. Single-family housing starts in April were at a rate of 835,000; this is 0.4 percent (±8.6 percent) above the revised March figure of 832,000. The April rate for units in buildings with five units or more was 328,000.

Privately owned housing completions in April were at a seasonally adjusted annual rate of 1,106,000. This is 8.6 percent (±10.8 percent)* below the revised March estimate of 1,210,000, but is 15.1 percent (±12.2 percent) above the April 2016 rate of 961,000. Single-family housing completions in April were at a rate of 784,000; this is 4.5 percent (±10.6 percent)* below the revised March rate of 821,000. The April rate for units in buildings with five units or more was 299,000.

Source: HUD